It’s that time of year again. Over 30,000 medical residents are about to finish their training and start their first job. Many of them will make some big financial mistakes during their first year that will haunt them for years to come. I wrote The Doctors Guide to Starting Your Practice Right to help new … Read more
(Today’s guest post come from Aaron Smith who works with 1Heart Franchise, providing senior care services. This is especially important for my coaching clients who wish to venture out and start their own private medical practice.) If you’re considering starting a business — opening up a private practice, starting your first law firm, or venturing … Read more
With burn out rampant in the physician community, you would think physicians would cherish their vacation time. Since vacation is a time to take a break from our normal routine and recharge our body battery, we should come back from our vacations rested and ready to work again. But many physicians don’t get any rest … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include quiet quitting in medicine, balancing your career will decrease burnout, how to stop spending money and save instead, will the stock market derail … Read more
Retirement means something different to each of us. Some dream of all the fun they will have in retirement as if retirement is what life is all about. They live a life of self-imposed relative poverty to reach retirement quickly. Others spend all they earn as they earn it and don’t believe they will ever … Read more
Many people are unhappy with their job. For many of them it shows up as burnout. Others just don’t like what they do and want to do something else. This unhappiness has sparked the recent popularity of side gigs: Something you do other than your main job to make extra money to eventually leave your … Read more
During the holiday season we feel a heightened desire to spend more time with our family. Maybe it is because there are multiple family events occurring close together. Many of us end up having two Thanksgiving celebrations, one for each side of the family. Then there are multiple Christmas parties topped off with a New … Read more
(Don’t miss my lecture, and 20 others, in this year’s Financial Freedom Through Real Estate Virtual Conference, this weekend, October 9-11. I will be sharing my secret sauce to managing your directly owned real estate while working full time as a physician. It is absolutely free so click on the link above and sign up now! If you sign … Read more
Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include a real estate investing book review, a bill of rights for medical residents, the effect of … Read more
Too many doctors today believe that their income is what determines their level of success. This is a fallacy that is hurting way too many doctors. We hear things like “Become a specialist so you can make the big bucks” or “Now that I’m an attending, I can afford the payments on a new Tesla” … Read more
